2023 DOP to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DOP to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DOP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 365.6159. Conversely, the yearly low was recorded on January 28, dropping to 296.6136.
This high-to-low spread represents a total annual volatility of 69.0023 LAK. From a start-to-finish perspective, comparing the January average rate of 300.2373 to the December average rate of 360.2965, the exchange rate registered a net change of 20.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 365.6159 was up 8.01% compared to the 2022 peak of 338.4872, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DOP to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 312.9988, compared to 354.0553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.0566 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 20.9281 LAK (High: 345.4232 / Low: 324.4951). On the other end, November was the most stable month, with a tight range of 3.4821 LAK (High: 365.6159 / Low: 362.1338).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 4.2748 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 364.5713) against the same month in 2022 (average: 316.0108), the exchange rate shifted by +48.5605 (+15.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 308.2426 | 296.6136 | 300.2373 |
| February | 304.3030 | 297.3939 | 300.3855 |
| March | 310.3102 | 303.6545 | 307.1208 |
| April | 318.4573 | 309.2630 | 313.4389 |
| May | 325.4777 | 316.8407 | 321.8653 |
| June | 345.4232 | 324.4951 | 334.9447 |
| July | 345.9714 | 338.7456 | 342.3979 |
| August | 345.9450 | 338.8642 | 343.3466 |
| September | 359.1504 | 346.3215 | 351.0752 |
| October | 364.5829 | 358.2709 | 362.6445 |
| November | 365.6159 | 362.1338 | 364.5713 |
| December | 364.7244 | 354.0217 | 360.2965 |